John Burns - Jan 17, 2024 Form 4 Insider Report for LSB INDUSTRIES, INC. (LXU)

Signature
/s/ Michael J. Foster, Attorney-in-Fact
Stock symbol
LXU
Transactions as of
Jan 17, 2024
Transactions value $
$18,152
Form type
4
Date filed
1/23/2024, 05:49 PM
Previous filing
Feb 7, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LXU Common Stock Award $147K +19.1K +9.67% $7.69 216K Jan 17, 2024 Direct F1
transaction LXU Common Stock Tax liability -$13K -1.71K -0.79% $7.61 214K Jan 20, 2024 Direct F2
transaction LXU Common Stock Tax liability -$115K -15.2K -7.07% $7.61 199K Jan 21, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Grant of time-based Restricted Stock Units pursuant to the Company's 2016 Long Term Incentive Plan.
F2 Shares withheld to pay taxes upon vesting of Restricted Stock Award previously awarded pursuant to the Company's 2016 Long Term Incentive Plan.